George & Company

Assisted Living #15687

Massachusetts

 

Asking Price: $1,200,000

Cash Flow: $230,000

Gross Revenue: $843,399

Real Estate: Included in asking price

Seller Financing Available

Business Description

 

These opportunities go quickly!

 

If you're looking to get into the long-term care industry or just want to expand your holdings, this is a wonderful opportunity to own this "less than" 40 bed home.

Rest Homes are different than nursing homes or assisted livings - think "hybrid". No complicated Medicare and Medicaid and they operate like assisted livings with no need for licensed administrators.

 

A moratorium on new licenses has existed since 1993 so no worries about new competition coming into the market. Own the business and the real estate. Don't delay.


Detailed Information

 

Established: 1970

Location: Essex County, MA

Employees: 16

Real Estate: Owned / Included in asking price

Building SF: 10,000 

Facilities: 10,000 sq. ft. with plenty of parking

Financing: $100,000 @ 5% 5-years

Support & Training: Seller supports transitional training

Reason for Selling: Other Interests

Contact: Ed Roach

Contact Phone: 508-753-1400  

Contact Email: info@georgeandco.com  


Looking for More Information?

Before we can give you any further information, you must fill out, sign, and mail our Confidentiality Agreement (to get full access this form, as well as the ability to Submit electronically, please click the DOWNLOAD button in the upper right and save it to your computer. 

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If you are having trouble viewing or completing the Confidentiality Agreement in the link above, please complete and submit this online form and someone will contact you to assist.